Economic Impact of Inflation and Conflict

The video discusses the recent surge in inflation in the US and Europe, driven by the conflict between Russia and Ukraine. It highlights the economic challenges faced by Germany, including a significant rise in energy and food prices, and the impact on consumers. Portugal is also experiencing record inflation, affecting the cost of living. In the US, inflation has exceeded expectations, prompting potential interest rate hikes by the central bank. Key factors contributing to the economic downturn include housing, food, and healthcare costs.

What is one of the main reasons for the rising food and gas prices in Europe?

• Natural disasters

• Increased demand

• Conflict between Russia and Ukraine

• Government policies

By what percentage did the cost of bread increase in the European Union in August compared to the same month last year?

• 20%

• 18%

• 15%

• 10%

What was the inflation rate in Germany in September, the highest in 70 years?

• 10%

• 8%

• 9%

• 11%

What has become more difficult for people in Lisbon due to the economic impact?

• Finding jobs

• Paying bills

• Accessing healthcare

• Getting education

By what percentage did clothing prices increase in Portugal over the last two months?

• 20%

• 21%

• 22%

• 23%

What was the inflation rate in Portugal, the highest in its history?

• 11.3%

• 9.3%

• 8.3%

• 10.3%

By what percentage did inflation rise in the United States in September?

• 0.5%

• 0.2%

• 0.3%

• 0.4%

What measures is the US central bank expected to take to curb inflation?

• Decrease taxes

• Increase interest rates

• Reduce government spending

• Increase money supply